Funding you earn now, next payment 20:00 UTC−0.0191%/8h= −20.9% APRnext payment −$0.24 per $10,000 · paid last 24h −0.026%
Price spread now: Phoenix against SoDEX−0.717%70s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Phoenix is 0.717% cheaper against SoDEX than usual: you would sell low and buy high (−$72 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX WLD-USD | 0.4547 | 0.0100 | pay 0.0013% / 1h | 31m 35s | $197 | $5K | 10x |
| Short | Phoenix WLD | 0.4514 | −0.0091 | pay 0.0011% / 1h | 31m 35s | $2K | $47K | 10x |
SoDEX WLD-USD
Phoenix WLDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against SoDEX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$40.12
- Price spread: −0.717% → 0.000%
- −$71.7
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$126.82
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; Phoenix: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SoDEX no order-book sample | — | — | — | — | — |
| Sell Phoenix no order-book sample | — | — | — | — | — |
SoDEX and Phoenix: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
WLD on 38 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni WLD | −0.0178% | 8h | 0.4494 | −1.175% | $2.1M | $1.4M | — | as long as short |
| Phoenix WLDshort | −0.0091% | 1h | 0.4514 | −0.717% | $2K | $47K | 10x | |
| Bybit WLDUSDT | −0.0070% | 8h | 0.4544 | −0.066% | $66.8M | $72.3M | 50x | as long as short |
| Orderly PERP_WLD_USDC | −0.0037% | 8h | 0.4548 | +0.022% | $28K | $923K | 10x | as long as short |
| Nado WLD-PERP | −0.0033% | 1h | 0.4542 | −0.115% | $355K | $146K | 5x | as long as short |
| OKX WLD-USDT-SWAP | −0.0018% | 8h | 0.4541 | −0.132% | $34.3M | $129.0M | 50x | as long as short |
| KuCoin WLDUSDTM | −0.0012% | 8h | 0.4548 | +0.022% | $7.4M | $10.1M | 50x | as long as short |
| Binance WLDUSDT | −0.0003% | 8h | 0.4544 | −0.068% | $83.9M | $270.7M | 75x | as long as short |
| MEXC WLD_USDT | −0.0003% | 8h | 0.4548 | +0.022% | $51.1M | $43.2M | 300x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4547 | +0.007% | $155K | $6K | 10x | as long as short |
Variational Omni WLD
Bybit WLDUSDT
Orderly PERP_WLD_USDC
Nado WLD-PERP
OKX WLD-USDT-SWAP
KuCoin WLDUSDTM
Binance WLDUSDT
MEXC WLD_USDT
dYdX WLD-USDShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4540 | −0.154% | $39K | $3.7M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4549 | +0.044% | $125K | $716K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4546 | −0.012% | $59K | — | 150x | as long as short |
| Aevo WLD-PERP | +0.0080% | 1h | 0.4550 | +0.055% | $31K | $5K | 3x | as long as short |
| Gate WLD_USDT | +0.0097% | 8h | 0.4546 | −0.022% | $7.4M | $33.3M | 75x | as long as short |
| Hyperliquid WLD | +0.0100% | 1h | 0.4554 | +0.158% | $46.0M | $37.9M | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4549 | +0.045% | $238K | $913K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4547 | +0.008% | $55K | $466K | 5x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4539 | −0.176% | $29.9M | $24.2M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4545 | −0.044% | — | $67.7M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4550 | +0.059% | $132K | $275K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4524 | −0.511% | $27K | $315K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4539 | −0.176% | $610K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4524 | −0.506% | $62K | $222K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4546 | −0.018% | $58K | $1.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4553 | +0.132% | $22K | $1.4M | 50x | as long as short |
| SoDEX WLD-USDlong | +0.0100% | 1h | 0.4547 | long leg | $197 | $5K | 10x | |
| HTX WLD-USDT | +0.0100% | 8h | 0.4539 | −0.176% | $839K | $1.7M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4548 | +0.022% | $1.9M | $3.8M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4545 | −0.038% | $143K | $714K | 10x | as long as short |
| Injective WLD/USDC PERP | +0.0112% | 1h | 0.4490 | −1.254% | $6K | $90K | 5.5x | as long as short |
| BloFin WLD-USDT | +0.0113% | 8h | 0.4541 | −0.132% | $4.8M | $880K | 75x | as long as short |
| 01 Exchange WLDUSD | +0.0128% | 1h | 0.4548 | +0.029% | $325 | $77 | 5x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4545 | −0.036% | — | — | 20x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0216% / S −0.1712% | 1h | 0.4546 | −0.024% | $9K | — | 100x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0296% | 1h | 0.4555 | +0.176% | $277K | $1.5M | 50x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0367% | 1h | 0.4551 | +0.086% | $912K | $2.3M | 50x | as long as short |
| Lighter WLD | +0.0768% | 1h | 0.4556 | +0.187% | $5.2M | $1.6M | 10x | as long as short |
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Aevo WLD-PERP
Gate WLD_USDT
Hyperliquid WLD
Aster WLDUSDT
Pacifica WLD
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SunX WLD-USDT
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Injective WLD/USDC PERP
BloFin WLD-USDT
01 Exchange WLDUSD
Reya WLDRUSDPERP
GMX WLD/USD [ETH-USDC]
Coinbase International WLD-PERP-INTX
Kraken Futures PF_WLDUSD
Lighter WLD